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Axis Bank Bareilly Bareilly Uttar Pradesh MICR CODE

Find MICR Codes for Axis Bank Bareilly Bareilly Uttar Pradesh

MICR Code
Bank Axis Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Bareilly (Uttar Pradesh)
Contact 243001
Bank Details Axis Bank Bareilly (Uttar Pradesh) UTIB0000205
Location Bareilly, Bareilly
City Bareilly
District Bareilly
State Uttar Pradesh
Pincode 243001
Country IN
Address 148, civil lines bareilly, uttar pradesh state
Note: The working hours listed are generalized for all banks. Please take a note that the bank timings may vary from branch to branch. As per guidelines issued by Reserve Bank of India, banks will not be operational on 2nd and 4th Saturdays and all Sundays of a month.

How does MICR code 243211002 for Bareilly (Uttar Pradesh) branch help to speed up the cheque clearing process?

In manual clearing of cheques, many errors may occur and the whole process is quite time consuming. The MICR technology speeds up the processing of cheque as it reduces manual efforts of sorting. Thus the 243211002 of Axis Bank, Bareilly (Uttar Pradesh) branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Bareilly (Uttar Pradesh) branch, makes the characters readable even if there are other marks and stamps on it.

A total of 7 branches of Axis Bank are available with micr code -

>>Bareilly (Uttar Pradesh) >>C B Ganj Bareilly >>Deen Dayal Puram Bareilly >>Karamchari Nagar >>Narkulaganj >>Nawada Shekhan >>Subhashnagar

MICR code for Axis Bank Bareilly (Uttar Pradesh)

Axis Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Axis Bank MICR code for Bareilly (Uttar Pradesh) is a 9 digit code, in which first 3 digit represents the city code, next 3 digit to bank code and later 3 digit to branch code. 243211002 is the MICR code of Axis Bank for Bareilly (Uttar Pradesh) branch. MICR code for Bareilly (Uttar Pradesh) branch includes document type indicator, bank code, cheque number, etc. When a cheque goes for clearing, this code is read by a magnetic reader and then automatically sorted. MICR code for Axis Bank Bareilly (Uttar Pradesh) is presented in the table alongside.

Use of Axis Bank MICR code for Bareilly (Uttar Pradesh) branch in bareilly

The MICR code 243211002 is used in RBI cheque clearing process to identify the branch Bareilly (Uttar Pradesh) and Axis Bank bank for clearing processes. The MICR characters, which are printed using magnetic ink, are passed before a MICR reader. Initially the ink gets magnetized and when it is read, each character produces a unique waveform which can be easily identified. MICR code of Axis Bank is typically in either of these two font’s: E-138 and CMC-7.